EUR/USD sits at 1.3170, effectively unchanged from the North American close Monday, with Asian trade confined to a very conservative 1.3160-1.3181 range.
Talk of 1.3200 barrier option interest (who would have thunk it!!), with sell orders noted at 1.3190/00. They’re said to include Asian sovereign interest. On downside buy orders noted 1.3130/50, stops through 1.3125.
The euro zone data cupboard is almost bare today:
09:00 GMT: Euro zone PPI for Juen expected +0.4% m/m, +3.1% y/y.
European stocks seen opening slightly lower. DAX 30 around -0.1%, FTSE 100 around -0.3% and CAC-40 around-0.2%.
